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INTANGIBLE ASSETS | 3 Months Ended
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Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | INTANGIBLE ASSETSThe Company had goodwill in the amount of $522,587 and $523,949 as of March 31, 2022 and December 31, 2021, respectively, subject to the provisions of ASC 350, “Intangibles-Goodwill and Other.” The decrease in goodwill is due to foreign exchange translation adjustments. Identifiable intangible assets with finite lives at March 31, 2022 and December 31, 2021 are summarized as follows:
|  | Amortization Period (in years) |  | Gross Carrying Amount at 3/31/2022 |  | Accumulated Amortization at 3/31/2022 |  | Gross Carrying Amount at 12/31/2021 |  | Accumulated Amortization at 12/31/2021
Customer relationships & lists |  | 10-20 |  | $ | 239,194 |  |  | $ | 177,108 |  |  | $ | 240,059 |  |  | $ | 173,489 |
Trademarks & trade names |  | 2-17 |  | 42,695 |  |  | 29,978 |  |  | 43,116 |  |  | 28,985 |
Developed technology |  | 5-12 |  | 20,184 |  |  | 14,809 |  |  | 20,234 |  |  | 14,607 |
Other |  | 2-18 |  | 24,771 |  |  | 16,424 |  |  | 23,921 |  |  | 15,584 |
|  |  |  | $ | 326,844 |  |  | $ | 238,319 |  |  | $ | 327,330 |  |  | $ | 232,665 |
Amortization of identifiable intangible assets was $5,911 and $6,484 for the three months ended March 31, 2022 and 2021, respectively. Assuming no change in the gross carrying value of identifiable intangible assets, the estimated amortization expense is $17,594 for the remainder of 2022, $19,393 for 2023, $10,516 for 2024, $6,260 for 2025, $4,938 for 2026 and $4,375 for 2027. At March 31, 2022 and 2021, there were no identifiable intangible assets with indefinite useful lives as defined by ASC 350, "Intangibles-Goodwill and Other." Identifiable intangible assets are reflected in the Company's consolidated balance sheets under Intangible assets with finite lives, net. There were no changes to the useful lives of intangible assets subject to amortization during the three months ended March 31, 2022 and 2021.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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